AUD/USD Price Analysis: Rejected at 6-week bearish trendline
AUD/USD currently trading in the red at 0.7216, having faced rejection at 0.7234. That level is housing the trendline connecting Sept. 1 and Sept. 18
Read More »AUD/USD Outlook Hinges on RBA Meeting, Australia Budget Update
Key developments coming out of Australia may influence AUD/USD as the update to the federal budget lines up with the Reserve Bank of Australia (RBA) meeting on October 6.
Read More »AUD/USD Staging a Comeback as Joe Biden Surges in the Polls
AUD/USD is trading below a key resistance range after successfully bouncing from support at 0.7018 in tandem with growing support for Democratic nominee Joe Biden.
Read More »AUD/USD Analysis Ahead of Presidential Debate, Supreme Court Nominee Battle
How will AUD/USD perform ahead of the first Biden-Trump presidential debate against the backdrop of the ongoing battle over the Supreme Court vacancy?
Read More »ForexLive Asia FX news wrap: Minor FX moves, small net change
Forex news for Asia trading Friday 18 September 2020 There was little of impact during the session here today, both news and data flow failed to generate much interest. An…
Read More »Australian Dollar Blossoms on Strong Local Jobs Data, Better Times Ahead?
The Australian Dollar jumped after local jobs data showed a better-than-expected print, though AUD/USD gains may be curbed by tension with China.
Read More »AUD/USD Rate Rebound Stalls Ahead of RBA Minutes with FOMC on Tap
The Reserve Bank of Australia (RBA) Minutes may influence AUD/USD as Governor Philip Lowe and Co. “consider how further monetary measures could support the recovery.”
Read More »AUD/USD Steady Before China Trade Balance. ASX 200, Hang Seng May Consolidate
The Australian Dollar holds steady at 0.728 ahead of China’s balance of trade. Asia-Pacific’s ASX 200 and Hang Seng Index may open mildly lower as US stock futures fall.
Read More »US Dollar Analysis: EUR/USD, AUD/USD, NZD/USD Outlook
The US Dollar could be encountering key crossing points versus the Euro, Australian and New Zealand Dollars. What are traders looking out for?
Read More »AUD/USD Outlook: 2019 High Remains on Radar After RBA & FOMC Minutes
The 2019 high (0.7295) remains on the radar for AUD/USD as it retrace the decline following the FOMC Minutes, while the crowding behavior in the US Dollar persists.
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